Helix Energy Solutions Grp Inc SEC Filings

HLX filed a Form 144 notifying a proposed sale of 40,000 shares of common stock through Fidelity Brokerage Services LLC. The filing lists an aggregate market value of $270,400 and an approximate sale date of 11/03/2025 on the NYSE. The shares were acquired on 01/02/2024 via restricted stock vesting as compensation. Shares outstanding were 147,080,917.

Helix Energy Solutions Group, Inc. filed a Form S-3 shelf registration, permitting it to offer, from time to time, common stock, preferred stock, debt securities, warrants, depositary shares, purchase contracts, purchase units, and units. The filing also permits selling shareholders named in future supplements to resell common stock.

The company states it will use any primary offering net proceeds for general corporate purposes. It will not receive proceeds from sales by selling shareholders. Helix’s common stock trades on the NYSE under “HLX,” with a last reported price of $6.69 per share on October 27, 2025. Shares outstanding were 147,080,917 as of October 27, 2025; this is a baseline figure, not the amount being offered.

Helix Energy Solutions Group (HLX) reported Q3 2025 results. Net revenues were $376.960 million versus $342.419 million a year ago, with income from operations of $47.851 million. Net income was $22.083 million, or $0.15 per diluted share, compared with $29.514 million, or $0.19, as a higher effective tax rate weighed on earnings.

For the nine months, net revenues were $957.312 million versus $1.003 billion, and net income was $22.557 million versus $35.516 million. Operating cash flow was $23.586 million versus $108.051 million, reflecting working capital movements. Cash and cash equivalents were $338.033 million, and long‑term debt was $297.828 million. The company repurchased 4,643,060 shares for approximately $30.0 million year to date, with $128.4 million remaining under the 2023 program.

Backlog visibility improved: unsatisfied performance obligations totaled $1.3 billion, expected to be recognized as $207.6 million in 2025, $542.0 million in 2026, and $559.9 million thereafter. As of October 20, 2025, 147,080,917 shares were outstanding.

Helix Energy Solutions Group (HLX) furnished materials related to its third quarter 2025 results. On October 22, 2025, the company issued a press release reporting financial results for the quarter, furnished as Exhibit 99.1. It also prepared a presentation for analysts and investors, with slides furnished as Exhibit 99.2 and available on its Investor Relations website. The information under Items 2.02 and 7.01 is furnished and not deemed filed, and is incorporated by reference only if specifically identified as such.

Dimensional Fund Advisors LP reports beneficial ownership of 8,858,123 shares of Helix Energy Solutions Group Inc common stock, representing 6.0% of the class as of 09/30/2025. Dimensional states it has sole voting power over 8,629,004 shares and sole dispositive power over 8,858,123 shares. The filing explains these shares are owned by investment funds advised or sub‑advised by Dimensional and that Dimensional disclaims direct beneficial ownership, describing the holdings as managed in the ordinary course of business and not for the purpose of changing control. The Schedule 13G/A details the reporting person's name, addresses, and a certification signed by the Global Chief Compliance Officer on 10/09/2025.